News

FightNight (FNIO), a new Ethereum-based memecoin, is making waves in the cryptocurrency market. FightNight, a new digital currency that launched on June 3rd, 2024, blends boxing and gaming. It has a very catchy storyline, making it gain popularity in the world of crypto and meme coins. FightNight coin appeals to the public as it is inspired

Bitcoin and other popular cryptocurrencies, including Ethereum, Ripple, Dogecoin, and XRP, among others, saw a severe collapse as of June 24th, 2024, with the BTC price declining steadily over the previous two weeks. The whole bitcoin market capitalization has been reduced by about 2%. And the future does not look promising; analysts believe the BTC

Popular American rapper 50 Cent took to his Instagram handle to announce that hackers recently overtook his X account and his official website. After briefly losing control of his X account, the hackers successfully attracted investors into a pump-and-dump scheme, carting away funds worth several millions of dollars. The hackers leveraged the rapper’s significant social

Several leading asset managers have submitted revised proposals for Ethereum exchange-traded funds (ETFs) to the United States Securities and Exchange Commission (SEC). These updates from VanEck, BlackRock, Grayscale, Invesco Galaxy Digital, and Fidelity aim to provide detailed information on their respective Ethereum funds. Bloomberg analyst Eric Balchunas highlighted these developments in a recent post on

Bitcoin’s price prediction has garnered significant attention as BTC recently dropped to its lowest level in a month, currently trading at $64,295. This decline is primarily attributed to substantial net outflows from US spot Bitcoin ETFs, which have amounted to $139.88 million, exerting considerable downward pressure on BTC prices. US spot Bitcoin ETFs have experienced

Binance, a leading cryptocurrency exchange, has announced the integration of Tether (USDT) on the Toncoin Network. This new feature allows users to deposit and withdraw USDT using the Toncoin Network, marking a significant step in Binance’s efforts to expand its multi-chain capabilities. This integration provides users with increased flexibility and more options for their transactions,

Bitcoin spot exchange-traded funds (ETFs) in the US experienced net outflows totaling nearly $140 million, according to recent data. This trend marks the fifth consecutive day of substantial outflows from Bitcoin ETFs, initially reported by Wu Blockchain. Grayscale’s GBTC ETF recorded a significant single-day outflow of $53.1 million, while BlackRock’s IBIT ETF saw a single-day

Jeremy Allaire, CEO of stablecoin issuer Circle, envisions a transformative future where stablecoins will account for 10% of the global economy within the next decade. In a recent social media post, Allaire shared his optimistic perspective on the rapidly evolving cryptocurrency market, emphasizing the increasing acceptance and integration of stablecoins into the global financial system.